The Italian eyewear group has bought a 70% stake in Blenders Eyewear LLC from Chase Fisher, who founded the company in 2012 and remains as CEO with a 30% interest. The company’s full valuation was $90 million.
The Nashville, Texas-based footwear and accessories company announced third-quarter earnings that comfortably beat analysts’ expectations on Saturday, even though the group’s sales registered a slight decline.
Following its Viktor & Rolf collaboration, lingerie brand Aubade will continue to infuse its collections with external inspiration and launch a line designed by specialist in Chinese ink illustrations Hong Wai in 2020.
Muaddi’s own footwear designs are a combination of classic and cool -- from feather and jewel-adorned slings to iridescent latex thigh-highs -- and her shoes have been seen on Rihanna both in public and on Instagram.
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